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Dr Eyob Tekalign Tolina Appointed as 11th Governor of the National Bank of Ethiopia

Prime Minister Abiy Ahmed has officially appointed Dr. Eyob Tekalign Tolina as the 11th Governor of the National Bank of Ethiopia (NBE), positioning him at the forefront of the country’s monetary policy and financial sector leadership.

Dr. Eyob is a seasoned political economist and respected public servant with vast experience in Ethiopia’s fiscal and monetary policy landscape, as well as international economic affairs.

Key Roles Before Appointment

Prior to leading the National Bank of Ethiopia, Eyob served as State Minister for Fiscal Policy and Public Finance, overseeing tax and fiscal policy, budget planning, and mobilization of foreign development finance. He was also a member of the National Macroeconomic Committee and part of the Prosperity Party’s executive leadership.

Education and International Experience

  • PhD in Political Economy – University of Maryland
  • Master’s in International Policy – George Washington University
  • Bachelor’s in Economics – Mekele University

Eyob’s career includes high-level roles such as Minister Counselor at the Ethiopian Embassy in Washington D.C., and advisor to Ethiopia’s governors at the IMF and World Bank. He has also worked with major international organizations, including UNECA, COMESA, UNCTAD, the World Bank Group, and the IFC.

Bridging Government and Private Sector

Dr. Eyob has played a central role in fostering public-private dialogue, notably managing the Ethiopian Public Private Consultative Forum (EPPCF). His private sector experience includes leadership roles with SGI Frontier Capital, an investment firm focusing on emerging and frontier markets.

Known for his evidence-based policymaking and outspoken leadership style, Eyob has been instrumental in Ethiopia’s economic reforms, fiscal policies, and responses to challenges such as COVID-19.

Transition in Leadership

Eyob’s appointment follows the resignation of Mamo Mihretu, who stepped down from the NBE governorship on September 3. As the new governor, Eyob will be responsible for strengthening financial stability, advancing monetary reforms, and guiding Ethiopia’s banking and capital market development.

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